Repetitive Pattern in Ripple
Is Ripple repeating a similar downmove as in early October?
The October 6 bar (circled) is a midpoint candidate because all nearby price action to it's left is higher, while all nearby price action to it's right is lower - it was a significant "step down". Indeed, this midpoint projected the 0.38 significant low.
The Nov. 24 bar (also circled) is a midpoint candidate for the same reasons - it also marked the day where price took a significant "step down" followed by lower levels. If this projection plays out in a similar fashion we can expect the 0.225 zone to mark a significant low.
The October 6 bar (circled) is a midpoint candidate because all nearby price action to it's left is higher, while all nearby price action to it's right is lower - it was a significant "step down". Indeed, this midpoint projected the 0.38 significant low.
The Nov. 24 bar (also circled) is a midpoint candidate for the same reasons - it also marked the day where price took a significant "step down" followed by lower levels. If this projection plays out in a similar fashion we can expect the 0.225 zone to mark a significant low.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.